Shares can be exerted forfeited: a for- non Payment of call
money
b) for failure to attend meeting
c o for Payment of calls in advance
d. None of these.

a for- non Payment of call

money

Explanation:

SHARES can be FORFEITED in a situation where a member or a shareholder of a company or an organization refused to pay his or her call money.

A member or a shareholder who is expected to pay his or her call money are often given some numbers of days by the company which will serve as a notice for such shareholder to make their payment in which if such shareholder refused to pay the call money within the stipulated time his or her shares will be been FORFEITED and in a situation where the shareholder shares is been FORFEITED that means such individual will no longer be a shareholder of the company or the organization.

Therefore Shares can be exerted forfeited FOR NON-PAYMENT OF CALL MONEY.